United Kingdom : 2008 Article IV Consultation: Staff Supplement; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Kingdom

1GBREA2008001 Image
Price:  $18.00

Release Date: © August, 2008
ISBN : 978-1-45181-433-0
Stock #: 1GBREA2008001
Stock Status: On back-order

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This 2008 Article IV Consultation highlights that the United Kingdom’s economic growth was above trend in 2006 and 2007. In terms of expenditure, the expansion was largely driven by private consumption, on the heels of strong employment, steady real wage and living standards growth, and a surge in immigration. So far in 2008, evidence points to a sharp slowing in activity alongside high inflation. Executive Directors have welcomed the commitment made in the 2008 budget to tighten fiscal policy in the coming two years.


Economic policy , Fiscal policy , Monetary policy , Poverty Reduction and Development , Social indicators

More publications in this series: IMF Staff Country Reports